Year to date in 2015 there have been 9 completed sales on Lake Vermilion with an average selling price of $97,066. Last year (2014) there were 6 completed sales with an average selling price of $124,782.

It appears the lower priced waterfront properties are more likely to sell in the first 3 months of the calendar year when winter conditions present their greatest obstacle to the sales process.

It looks like the Lake Vermilion end of year final sales total will be a real horse race with 2013. I’ll post the final “Comparative Lake Vermilion YTD Sales” graph after the first of the year. Please check back soon.